The Procter & Gamble Company (NYSE:PG) Shares Bought by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. lifted its stake in The Procter & Gamble Company (NYSE:PG) by 3.3% in the 3rd quarter, Holdings Channel reports. The firm owned 2,262 shares of the company’s stock after purchasing an additional 73 shares during the quarter. Tilia Fiduciary Partners Inc.’s holdings in Procter & Gamble were worth $392,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. True North Advisors LLC raised its position in Procter & Gamble by 6.1% during the third quarter. True North Advisors LLC now owns 6,359 shares of the company’s stock worth $1,101,000 after acquiring an additional 364 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Procter & Gamble by 16.2% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,872 shares of the company’s stock worth $1,190,000 after buying an additional 960 shares in the last quarter. Future Financial Wealth Managment LLC grew its holdings in shares of Procter & Gamble by 0.9% during the third quarter. Future Financial Wealth Managment LLC now owns 24,902 shares of the company’s stock worth $4,313,000 after buying an additional 212 shares in the last quarter. St. Louis Financial Planners Asset Management LLC grew its holdings in shares of Procter & Gamble by 1.1% during the third quarter. St. Louis Financial Planners Asset Management LLC now owns 11,398 shares of the company’s stock worth $1,925,000 after buying an additional 126 shares in the last quarter. Finally, Hoxton Planning & Management LLC grew its holdings in shares of Procter & Gamble by 10.6% during the third quarter. Hoxton Planning & Management LLC now owns 2,283 shares of the company’s stock worth $395,000 after buying an additional 218 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In related news, CEO R. Alexandra Keith sold 3,373 shares of the firm’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $170.00, for a total transaction of $573,410.00. Following the transaction, the chief executive officer now directly owns 21,513 shares of the company’s stock, valued at $3,657,210. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Procter & Gamble news, CEO R. Alexandra Keith sold 3,373 shares of the business’s stock in a transaction on Monday, August 5th. The stock was sold at an average price of $170.00, for a total value of $573,410.00. Following the sale, the chief executive officer now directly owns 21,513 shares in the company, valued at $3,657,210. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Susan Street Whaley sold 450 shares of Procter & Gamble stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $169.22, for a total value of $76,149.00. Following the completion of the sale, the insider now directly owns 13,072 shares of the company’s stock, valued at approximately $2,212,043.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 383,194 shares of company stock worth $65,140,718 over the last three months. 0.17% of the stock is currently owned by insiders.

Procter & Gamble Stock Performance

PG traded up $0.72 on Wednesday, reaching $168.88. The company had a trading volume of 3,090,514 shares, compared to its average volume of 6,653,880. The Procter & Gamble Company has a fifty-two week low of $141.66 and a fifty-two week high of $177.94. The stock has a market cap of $398.58 billion, a P/E ratio of 27.48, a P/E/G ratio of 3.73 and a beta of 0.41. The company’s fifty day moving average is $171.22 and its 200 day moving average is $166.63. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, July 30th. The company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.03. Procter & Gamble had a net margin of 17.71% and a return on equity of 33.46%. The firm had revenue of $20.53 billion during the quarter, compared to the consensus estimate of $20.69 billion. During the same quarter last year, the firm earned $1.37 earnings per share. The company’s revenue for the quarter was down .1% on a year-over-year basis. As a group, analysts predict that The Procter & Gamble Company will post 6.97 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, October 18th will be issued a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.38%. Procter & Gamble’s dividend payout ratio is currently 65.69%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Piper Sandler assumed coverage on shares of Procter & Gamble in a report on Tuesday, September 24th. They issued a “neutral” rating and a $174.00 target price for the company. BNP Paribas assumed coverage on shares of Procter & Gamble in a research note on Monday, June 24th. They set an “outperform” rating and a $187.00 price objective for the company. Barclays cut shares of Procter & Gamble from an “overweight” rating to an “equal weight” rating and set a $163.00 target price on the stock. in a research report on Monday, September 30th. Wolfe Research raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, August 23rd. Finally, StockNews.com cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Nine equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $175.89.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.